“It is a tough market and we’re going to have to fight inch by inch, foot by foot, yard by yard, mile by mile.”
- Jamie Dimon, chairman and chief executive of JP Morgan Chase, on competition returning to investment banking as the division’s revenues declined in the second quarter

“He’s got an ego. It’s not as visible as Schwarzman’s, but he’s got proven global skillsets and he’s willing to go back and keep hammering away to do another KKR IV or VI or VIII – and Fund VIII will come at the right time.”

Investor Mario Gabelli of Gamco Investors on Henry Kravis, co-founder of private equity firm KKR, which listed on the NYSE last week

“Fiddling around with the index is the sort of thing that gives banana republics a bad name. It is sad to see the British government sink so low.”

DR Myddleton, Emeritus Professor of Finance and Accounting, Cranfield University School of Management, on the UK’s switch from RPI to CPI-linked pensions